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#LONG on DELHIVERY for Long term: Breakout from triangle pattern

Long
DELHIVERY LTD (NSE:DELHIVERY)  
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NSE:DELHIVERY   DELHIVERY LTD
Chart Patterns Fundamental Analysis DELHIVERY
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chartpattern fundamental delhivery
Delhivery will be a beneficiary of PM Gati Shakti National Master Plan (Capacity Building in Logistics Sector).

Fundamentals:
  1. delivered highest ever Operating Profit of 109 Cr in Q3 FY24.
  2. The company turned profitable with a positive profit of Rs.12 Cr against loss of 73 Cr in same qtr last year.
  3. ~50% incremental gross profit in transport business
  4. Revenue grew 13% QoQ and 20% YoY to 2194 cr.
    --Express Parcel Shipments grew 18% YoY
    --Park Truckload freight tonnage grew 37% YoY
    --51% growth in Truckload Service revenue.
  5. During the quarter under review, the company operationalised its largest trucking terminal near Bhiwandi in Maharashtra(196 docking stations with capacity of 1600 vehicles daily)



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